Bank of Japan on a Mission to Destroy the Yen. 🇯🇵 💴
#currency #debt #inflation #market
Today we will look at the Bank of Japan's decision to keep its base interest rate at minus 0.1% and how that will impact the currency and hurt the public.
We also look at why this policy of trashing the currency serves different purposes not just for Japan but also for Japan's allies like the US, the UK, and the EU.
Yardeni monthly CB balance sheets: https://www.yardeni.com/pub/peacockfedecbassets.pdf
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